Oracle EBS, Index Date creation in Property manager
Hello, I have some contracts that needs rent increase.
I am trying the create the index date.
Can someone please explain about it?
I have 2 scenarios: the first one is that the contract begins in 1/1/2022 , fixed rent increase of 10% every 5 years, and the duration is 10 years.
The second scenario is that the contract begins in 20/4/2022, fixed rent increase of 40% every 5 years, and the duration is 8 years.
What should the index date be?